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The Avenue Shoppes 7585-7601 Mentor Ave

27,425 SF 84% Leased Retail Building Mentor, OH 44060 For Sale

Investment Highlights

  • Substantial Upside - RARE 16.31% Vacancy Offered to Buyer as Upside
  • Optimal Demographics - Over 45,000 People in 3 Miles with Average HH Income $88,834
  • High Traffic - Over 20,000 Daily Vehicles on Mentor Avenue with Multiple Access Points
  • Ideal Tenant Lineup - Categories Include Restaurant, Salon, Fitness, and Hard Goods
  • Advantageous Leases - Average Term Remaining is 4.5 Years with Staggered Option Dates
  • Regional Retail Area - Surrounded by Dicks, Best Buy, Aldi, T.J. Maxx, At Home, DSW, and More

Attachments

Avenue Shoppes Retail - Includes RARE 16 Percent Upside

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
27,425 SF
Building Class
B
Year Built
1977
Percent Leased
84%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.68
Lot Size
0.92 AC
Zoning
B-2
Parking
184 Spaces (5.47 Spaces per 1,000 SF Leased)
Frontage
260 ft on Mentor Ave

Amenities

  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,150 SF
  • Restaurant
  • In-Line
  • Now
  • 1st Floor
  • 2,343 SF
  • Restaurant
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 2,150 SF Restaurant In-Line Now
1st Floor 2,343 SF Restaurant In-Line Now

1st Floor

Size
2,150 SF
Space Use
Restaurant
Position
In-Line
Available
Now

1st Floor

Size
2,343 SF
Space Use
Restaurant
Position
In-Line
Available
Now
1 of 1

Nearby Major Retailers

KeyBank
Bibibop
Bakers Square
Outback Steakhouse
TGI Fridays
Starbucks
Denny's
Mission BBQ
Huntington National Bank
Fitness First

PROPERTY TAXES

Parcel Number 16-B-031-B-00-019 Improvements Assessment £47,970
Land Assessment £58,320 Total Assessment £106,289

PROPERTY TAXES

Parcel Number
16-B-031-B-00-019
Land Assessment
£58,320
Improvements Assessment
£47,970
Total Assessment
£106,289
(216) 381-8200

Contact

  • Listing ID: 33071340

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 7585-7601 Mentor Ave, Mentor, OH 44060

The Retail Property at 7585-7601 Mentor Ave, Mentor, OH 44060 is currently available for sale. Contact Goodman Real Estate Services Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

The Avenue Shoppes | 7585-7601 Mentor Ave
(216) 381-8200 x

The Avenue Shoppes | 7585-7601 Mentor Ave

Kyle Hartung

(216) 381-8200

(216) 381-8200

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